Linklaters and Baker & McKenzie instructed on El Corte Inglés deal

Linklaters advised the Qatar Investment Authority on its €1 billion purchase of a 10 per cent stake in the Spanish department store chain El Corte Inglés.

 

Baker & McKenzie advised El Corte Inglés on the deal, according to Mergermarket data.

It represents the first time the Spanish department store has sold a stake to a foreign investor.

El Corte Inglés had €14.2 billion worth of sales in 2013.

Ben Cook

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